EEU plans to sign a cooperation agreement of Latin America’s common market in early 2015

16.07.2014 | Economy

photo by Reuters

Russian President Vladimir Putin announced these plans earlier this week.

The Eurasian Economic Union [of Russia, Belarus and Kazakhstan] plans to sign a cooperation agreement of Mercosur, or Latin America’s common market, in early 2015, Russian President Vladimir Putin said on Monday.

“We are interested in cooperation with the Latin American common market. I hope a corresponding document will be signed in early 2015, after our agreement with Kazakhstan and Belarus on the establishment of the Eurasian Economic Union comes into force,” ITAR-TASS quotes Putin following his talks with Brazilian President Dilma Rousseff.

Putin said he had discussed with the Brazilian leader cooperation in the BRICS format and “prospects for expanding ties between Russia and the Eurasian Economic Union it is creating with Belarus and Kazakhstan with the Latin American region as a whole.”

“Russia is interested in establishing contacts with the Union of South American Nations with Brazil’s support,” the Russian leader stressed.

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EEU plans to sign a cooperation agreement of Latin America’s common market in early 2015

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